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Tag: state

Physicists say they’ve discovered a new state of matter

Physicists say they’ve discovered a new state of matter

Science
Aug. 15 (UPI) -- Physicists at New York University claim they have uncovered a new state of matter that could boost the storage capacity of electronic devices and pave the way for the first generation of quantum computers. "Our research has succeeded in revealing experimental evidence for a new state of matter -- topological superconductivity," Javad Shabani, an assistant professor of physics at New York University, said in a news release. "This new topological state can be manipulated in ways that could both speed calculation in quantum computing and boost storage." Traditional computers process bits, which can only assume the value of a zero or a one. Quantum computers use quantum bits or qubits, which can assume the value of one, zero or both -- and an infinite number of values in bet...
New state programs, like California’s, make it easier for workers to save for retirement

New state programs, like California’s, make it easier for workers to save for retirement

Finance
When 27-year-old Ramon Gonzales was looking for a new job eight months ago, having access to a retirement plan was high on his list of priorities.Now Gonzales, the floor supervisor for the production team at Red Bay Coffee, has that ability to save.That's thanks to CalSavers, California's automatic individual retirement account plan, which officially started in July.The program offers employees of small businesses and other companies that do not offer a retirement plan the opportunity to save through the state's new program. California now requires employers with five or more employees to either join CalSavers or begin offering their own retirement plan.That will give an estimated 7.5 million California workers a retirement savings plan option. About 55 million Americans nationwide do not ...
State Dept. approves $950M drone support services sale to South Korea

State Dept. approves $950M drone support services sale to South Korea

Business
July 30 (UPI) -- The State Department on Tuesday informed Congress that it has approved a potential $ 950 million sale of contractor logistical support services for South Korea's RQ-4 Global Hawk drone fleet. The support services South Korea is looking to purchase for its RQ-4 Block 30 remotely piloted aircraft fleet includes program management and training for pilots and other personnel. The purchase also would include modifications and upgrades to the drones, spares and repair/return parts, flight support, analysis, technical documentation and other logistical and program support. "The Republic of Korea is one of the major political and economic powers in East Asia and the Western Pacific and a key partner of the United States in ensuring peace and stability in the region," DSCA said i...
Brazil jail riot in Para state leaves 52 dead as gangs fight

Brazil jail riot in Para state leaves 52 dead as gangs fight

World
Media playback is unsupported on your device At least 52 people have been killed in a prison riot in Brazil which saw rival gangs battle for five hours, officials say.Gang members from one prison block invaded another part of Altamira jail in ParĂ¡ state.Sixteen of the dead were decapitated and the remainder suffocated after part of the prison was set on fire, officials said at a news conference. Two prison officers who were taken hostage have since been freed.The violence began at about 07:00 local time (10:00 GMT), and ended at around noon, officials said.Members of the Comando Classe A (CCA) gang set fire to a cell where rival gang members from Comando Vermelho (Red Command) were kept, the ParĂ¡ state government said in a statement.
State Bank of India tightens lending terms for auto dealers

State Bank of India tightens lending terms for auto dealers

Finance
MUMBAI: State Bank of India (SBI) has tightened lending terms dramatically for auto dealerships, according to a source and an internal memo seen by Reuters, seeking to reduce its exposure to risk from a sector in the midst of a sharp downturn. The shadow banking crisis that began to unfold in India during mid-2018 has deepened this year. The liquidity crunch in non-bank financing, higher insurance costs and rises in taxation have served to increase the pressure on the car sector, with monthly auto sales falling by 17-20% since April. Monthly passenger vehicle sales in June fell by the biggest margin in 18 years. In one internal memo for financing dealers selling vehicles made by Hyundai Motor Co's India unit, SBIsaid it is revising the lending terms because of "growing stress" in the carma...